EXNESS - Analytics

EXNESS

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Real

The USDCHF pair may reach parity in the medium term

Buy on a level breakthrough of 0.9791 with 0.9868 target. Stop loss = 0.9741.

Reason for the trading strategy

The decline in the consumer price index, expected in July, puts pressure on the Swiss franc. Over the last month, the yield spread between 10-year US and Swiss bonds increased by 4 bps and increased the likelihood of the USD/CHF pair reaching parity in the medium-term.

USDCHF, H4

USDCHF



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